The Accounts...

[MACCA75]

It's mainly because he got the Mata and Witsel transfers wrong. This can happen to any ITK , he was only sharing what he had been told and I think the stick he got on here was way out of proportion. The man is an Evertonian and only wants what is best for the club. The lad deserves a break

He didn’t stick at those 2 though, he was having increasingly wild punts. Telling us that Bruno Martins Indi would sign. He was like a gambler desperately trying to cover his losses.

 

[MACCA75]

I fear the premiership is sitting on its hands hoping we relegate ourselves so they do not have to act. It does look strange that we are claiming well over a £100m more losses due to covid than arsenal and Chelsea who surpass our gate receipts by much more.

‘Long COVID made me pay £18 million for Mykolenko’

 

[Stephenlloyd]

I fear the premiership is sitting on its hands hoping we relegate ourselves so they do not have to act. It does look strange that we are claiming well over a £100m more losses due to covid than arsenal and Chelsea who surpass our gate receipts by much more.

Well I’m not sure how the figures works the esk mentioned Friday night in a space. That villa had claimed 56mil in loses while ours was like 180/200. But a well respected journalist also tweeted this on Friday afternoon asking how can our losses be higher, but he had us at 86mil. 30mil more than villa.

But Is the loses the esk is going on about over 2yrs? Does it include the drop off in player valuation and the squad losing value. Which if villa did the same there 56mil would probably be a lot higher.

I haven’t really a clue about finances and I haven’t looked into the figures or covid regarding loses. I was just wondering how the esk can have a figure a 100mil more than a journalist.

 

[gazzaa2]

I fear the premiership is sitting on its hands hoping we relegate ourselves so they do not have to act. It does look strange that we are claiming well over a £100m more losses due to covid than arsenal and Chelsea who surpass our gate receipts by much more.

We're obviously pulling a fast one but the PL don't want to act. Problem is they'd be happy of we went down so it isn't their problem and the EFL would be much tougher.

 

[GrandOldTeam]

Removing any links to that Matt Hughes/Daily Mail link bait nonsense. Let's not give them the thousands of referrals.

 

[chicoazul]

Removing any links to that Matt Hughes/Daily Mail link bait nonsense. Let's not give them the thousands of referrals.

Spot on mate. Shame on those melting down over it on here.

 

[Gordon Lee's Cushion]

12 point deduction incoming.

The worst that might happen is a limit on signing players. Any talk of points deductions are click bait.

 

[spectateur]

Removing any links to that Matt Hughes/Daily Mail link bait nonsense. Let's not give them the thousands of referrals.

Well there's certainly some serious $hit stirring going on.

 

[jinkyali]

I wonder if our agreement over transfers and budgets etc is working against us.

Perhaps the FA, PL can't be seen to favour us and thus any opportunity there is which may look at favouring us, they are sub consciously not doing so for fear of looking like they're helping us on the pitch as well as off.

Hmmm

 

[Jacko93]

I fear the premiership is sitting on its hands hoping we relegate ourselves so they do not have to act. It does look strange that we are claiming well over a £100m more losses due to covid than arsenal and Chelsea who surpass our gate receipts by much more.

We're they not both recipients of a Govt Covid loan though?

 

[f.t.r.s]

Forgive my ignorance...
Would moshiri be allowed to loan us any money/write off any debt we owe him?

How would that affect the accounts?..

Just wondering as abramovich was apparently going to write off Chelsea's debts to him?

 

[barneygumble]

I fear the premiership is sitting on its hands hoping we relegate ourselves so they do not have to act. It does look strange that we are claiming well over a £100m more losses due to covid than arsenal and Chelsea who surpass our gate receipts by much more.

It would not shock me in the slightest if the Orem are hoping it for that reason alone.

No witch-hunt accusations, but it would make their lives a lot easier. The fear is, if we end up in the EFL, they’ll really kick us when we’re down

 

[WestStandLower]

We're they not both recipients of a Govt Covid loan though?

No. Arsenal was but Chelsea were not

Well I’m not sure how the figures works the esk mentioned Friday night in a space. That villa had claimed 56mil in loses while ours was like 180/200. But a well respected journalist also tweeted this on Friday afternoon asking how can our losses be higher, but he had us at 86mil. 30mil more than villa.

But Is the loses the esk is going on about over 2yrs? Does it include the drop off in player valuation and the squad losing value. Which if villa did the same there 56mil would probably be a lot higher.

I haven’t really a clue about finances and I haven’t looked into the figures or covid regarding loses. I was just wondering how the esk can have a figure a 100mil more than a journalist.

I do wonder about the argument being put forward about player valuations because
1) every PL club would be shopping and or selling in the same market
2) Impairment should have been greater but the problem with that is the losses would have been even greater.

No matter which way you come at this the simple fact is that the income they Everton can earn at this point in time just won’t support the wage bill and the amortised sum in respect of historical transfers.
This is going to be get a whole lot messier and in truth does anyone on here really think the sum being claimed as COVID impact is justified?

 

[Goat]

No. Arsenal was but Chelsea were not

I do wonder about the argument being put forward about player valuations because
1) every PL club would be shopping and or selling in the same market
2) Impairment should have been greater but the problem with that is the losses would have been even greater.

No matter which way you come at this the simple fact is that the income they Everton can earn at this point in time just won’t support the wage bill and the amortised sum in respect of historical transfers.
This is going to be get a whole lot messier and in truth does anyone on here really think the sum being claimed as COVID impact is justified?

I keep telling everybody.

People think we have blagged our way out this, IMO we havent.

 

[Stephenlloyd]

No. Arsenal was but Chelsea were not

I do wonder about the argument being put forward about player valuations because
1) every PL club would be shopping and or selling in the same market
2) Impairment should have been greater but the problem with that is the losses would have been even greater.

No matter which way you come at this the simple fact is that the income they Everton can earn at this point in time just won’t support the wage bill and the amortised sum in respect of historical transfers.
This is going to be get a whole lot messier and in truth does anyone on here really think the sum being claimed as COVID impact is justified?

Well as long as we sell players we will be fine imo. Going down would obviously change things.

The wage bill is already lower than the 182mil reported last week. I mentioned this last week these books were signed off last October, Everton would have known what was coming bar usm of course, so why wasn’t there a fire sale last summer.

Obviously some players leave on frees this summer. Some other big signings have signed new deals like Pickford, Keane and Richarlison which will drop their Amortisation costs quite low.

So what’s left. Mina Godfrey, patterson, Mykolenko, Allan, Gomes, Gbamin, Doucoure, iwobi, kean
Probably talking about 50mil and hopefully 5 of them will be out the door